Resupply is much
like direct trading in that the mission is the same, buy and sell chemicals.
The difference lies in the source from where you get your products. A re-supply
may be done when a particular chemical is not available in a region and there
is a demand for that chemical. Similarly, a re-seller may choose to purchase
the top selling chemicals from a supplier and sell it for profit. "Buy low,
sell high" is the motto here.
There are many options for re-supplying chemicals such as directly contacting a dealer or
using the internet to promote the business. Gone are the days when individuals
contact the distributors and meet in person to discuss business opportunities.
With the internet everything is possible in just a click. Creating social
networking pages in Facebook, Twitter and LinkedIn to let people know you are
there is a good way too. A simple yet catchy description about the business
would suffice to attract customers to look into your page for information.
Another option is to create your own website to keep an online database of
chemicals available for selling and also make purchasing easier instead of
conventional ways. The idea here is to increase the number of visitors per day
to ensure at least one of them will result in a purchase.
Keep in mind the
following points before you decide to step into the re-supply business:
- First and
foremost is to decide on the product. What is your ultimate goal? Lower investment, bigger profits. So
choose those products that are in good demand in the market but at the same
time require less investment. You can get an idea of this from supplier
websites like Kimia International, Alibaba etc. Check for their top selling
products and select your target.
- After you have
done that, draw a budget chart. How much is it going to cost you? You can
decide on the quantity too at this stage.
- When you are
all set, start contacting suppliers and if possible go down and check for the
quality of the product before you buy. Quality is an important checklist point
even in a resell business. You can't blindly trust the supplier to have a top
quality product always.
- Plan ways to
develop your business using the tools described above.
The best thing about re-supply is that you get to decide when to start or stop
your business. You can always stay on a stable ground if you choose the right
path. If you have any apprehensions regarding re-supply of chemicals get in touch
with us. We may be able to suggest or help you with your business.